If Honda (a Japan-based firm) produces a car in Ohio and exports it to Japan, in which country's GDP will the car be counted?
a. Japan's, because Honda is a Japanese company
b. Japan's because that is where the car is purchased
c. The GDP of the United States because that is where it was built
d. Both Japan and the United States
c
Economics
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U.S. and European immigration policies are best described as welcoming:
a. all foreign workers. b. foreign workers in most industries. c. foreign workers in select industries. d. no foreign workers.
Economics
See the information in Scenario 4.4. Suppose P = 10, Pc = 100, Pd = 2, A = 5, and I = 50. What is the cross-price elasticity of Rock and Roll Trivia programs and diskettes?
A) -1/90 B) 0 C) 1/90 D) 1 E) none of the above
Economics